Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...
24 Jun, 2026, 09.34 PM IST
Oil prices extend decline on expectations of smoother crude flows via HormuzOil prices dipped to four-month lows as tensions eased between the US and Iran, paving the way for more tankers to navigate the Strait of H...
24 Jun, 2026, 07.20 AM IST
Best proverb of the day: “The forest was shrinking, but the trees kept voting for the axe, because...” — Why did the forest choose the axe? An old Eastern European proverb reveals why people often trust what feels familiar, and the powerful life lesson it teaches about self-deception, and the hidden consequences of everyday choicesBest Eastern European proverb of the day: For centuries, proverbs have captured complex truths in just a few words, but few are as striking...
23 Jun, 2026, 10.22 PM IST
Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's whyStrait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The questio...
23 Jun, 2026, 06.52 PM IST
Amnesty calls EU complicit in new Libyan crackdown on migrantsAmnesty International has accused the EU of complicity in migrant abuse in Libya, citing intensified crackdowns by rival factions. Mass arr...
23 Jun, 2026, 04.58 PM IST
No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...
23 Jun, 2026, 11.50 AM IST
India emerges as world's top ship-recycling nation in 2025The country's share in global ship recycling surged to 35.4% in 2025, with a significant increase in recycled tonnage. This achievement, ex...
23 Jun, 2026, 11.30 AM IST
The Strait of Hormuz's future is unsettled even as more ships venture throughShip traffic is slowly resuming in the Strait of Hormuz following an interim deal between Iran and the U.S., but lingering questions about ...
23 Jun, 2026, 11.25 AM IST
India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
22 Jun, 2026, 07.14 PM IST
India becomes world's largest ship recycling nation ahead of 2030 targetIndia has surged to become the world's leading ship recycler, surpassing its Maritime India Vision 2030 target. Ship recycling volume jumpe...
22 Jun, 2026, 06.29 PM IST
Basmati prices may fall 5–10% as Strait of Hormuz closure hits exports"After the interim (US-Iran) peace deal was announced, exporters started buying basmati rice in good quantities for shipment to the Middle ...
22 Jun, 2026, 12.19 AM IST
Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
21 Jun, 2026, 06.12 PM IST
Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...
21 Jun, 2026, 05.05 PM IST
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
21 Jun, 2026, 11.46 AM IST
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
19 Jun, 2026, 10.37 AM IST
Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
19 Jun, 2026, 07.39 AM IST
KSH Integrated Logistics announces launch of its first warehouse in Eastern IndiaThe warehouse provides value-added services and uses electric vehicles for last-mile delivery. Advanced systems ensure real-time inventory ...
18 Jun, 2026, 12.47 PM IST